Vonovia (OTCMKTS:VONOY) Sets New 52-Week Low – Time to Sell?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as $9.28 and last traded at $9.28, with a volume of 26902 shares. The stock had previously closed at $9.49.

Analyst Ratings Changes

A number of research firms have recently issued reports on VONOY. Zacks Research upgraded Vonovia from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Finally, The Goldman Sachs Group downgraded Vonovia from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Research Report on VONOY

Vonovia Price Performance

The firm has a market capitalization of $15.49 billion, a PE ratio of 3.16 and a beta of 1.22. The company has a fifty day moving average of $10.85 and a 200-day moving average of $11.92.

Vonovia (OTCMKTS:VONOY – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.24. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a return on equity of 15.40% and a net margin of 61.85%. Equities analysts anticipate that Vonovia SE Unsponsored ADR will post 1.07 EPS for the current year.

About Vonovia

(Get Free Report)

Vonovia SE is a Germany-based residential real estate company that owns, manages and develops housing properties. Its portfolio primarily consists of apartments for private tenants, along with related residential and community facilities.

The company provides property management, maintenance, modernization and tenant services. Vonovia also offers energy-related solutions and invests in measures intended to improve the efficiency and quality of its buildings, including renovations and new residential construction.

Vonovia serves residential markets mainly in Germany, Sweden and Austria.

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